KACHARAGADLA

With such a high growth number, India outpaces China - giving PM Modi more reasons to celebrate after completing two years in office last week India’s gross domestic product (GDP) grew 7.6 per cent in 2015-16, up from 7.2 per cent a year ago. The full-year growth was fuelled by close to eight per cent growth rate in the fourth quarter of 2015-16, the fastest in the world for the January-March quarter and FY16 since the new GDP series was launched in 2011-12. With such a high growth number, India has managed to retain its tag of the world’s fastest growing major economy — outpacing even China — giving Prime Minister Narendra Modi more reasons to celebrate after completing two years in office last week. ALSO READ:  FY16 fiscal deficit target met Though the annual growth rate remained the same, quarterly economic expansion changed in 2015-16 between the actual data that was released on Tuesday and advance estimates. The GDP grew 7.5 per cent in the first quar

On the threshold of major reforms India is poised to become the third-largest economy of the world by 2030. India is on the threshold of major reforms and is poised to become the third-largest economy of the world by 2030. In the words of our Hon’ble Prime Minister, India offers the 3 'Ds' for business to thrive— democracy, demography and demand. Add to that a tech-savvy and educated population, skilled labour, robust legal and IPR regime, and a strong commitment to calibrated liberalization — India is a destination that German investors cannot overlook. India's manufacturing sector has evolved through several phases - from the initial industrialisation and the license raj to liberalisation and the current phase of global competitiveness. Today, Indian manufacturing companies in several sectors are targeting global markets and are becoming formidable global competitors. Many are already amongst the most competitive in their sectors.  Demographics Advantage: The

Where products come from will become crucial, and complex Supply chains have always been vital to success in manufacturing, but in the past they came into focus only when they broke down, much like the public transportation systems that underpin many cities. This is quickly changing. Rather than merely supporting the manufacturing process, the supply-chain network increasingly provides critical differentiation, a potential source of intellectual property and competitive advantage. Multiple factors, most rooted in changing consumer realities, are driving the awakening to the importance of supply-chain management and visibility. The rise of connected technologies and e-commerce means consumers increasingly expect goods available anywhere on an on-demand basis, and often tailored to their preferences. Few are still willing to “meet the manufacturer halfway” by waiting patiently for a product to arrive at the nearest retail outlet. This could strain supply chains used to producin

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